JohnJackson

Home Depot Builds Towards Profits - Barron's

It is interesting to note the difference between Home Depot and Lowes. HD is wisely cutting back, while the cowboys at Lowes keep racking up more debt to open new stores into a housing crash! In 4-5 years, after things pan out, HD will have the entire market to itself, and Lowes, perhaps, will be out of business. That means big profits for Home Depot. I'll buy HD stock, but there is no rush, because I think that stock prices are now irrationally high, and will come down.